The services confidence indicator in the Euro Area fell slightly by 0.3 points to 11.0 in January 2020, below market expectations of 11.2, due to a worsened assessment of past demand which was mitigated by virtually unchanged views on the past business situation and expected demand. Euro Area Services Sentiment - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Services Sentiment in the Euro Area averaged 10.15 from 1996 until 2020, reaching an all time high of 35.30 in June of 1998 and a record low of -25.20 in March of 2009. This page provides - Euro Area Services Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: European Commission

Services Sentiment in Euro Area is expected to be 8.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services Sentiment in Euro Area to stand at 12.00 in 12 months time. In the long-term, the Euro Area Services Sentiment is projected to trend around 11.00 in 2021, according to our econometric models.

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Euro Area Services Sentiment

Actual Previous Highest Lowest Dates Unit Frequency
11.00 11.30 35.30 -25.20 1996 - 2020 Monthly

Euro Area Services Sentiment
In the Euro Area, Services Sentiment measures the confidence level among service providers and accounts for 30 percent of the Economic Sentiment Indicator.